by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Felbry College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Felbry College School of Nursing provide, and just what are you going to be eligible for? Read on for answers. Scroll down to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Felbry College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Felbry College, 81% of first-year full-time students received aid of some kind some 42 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $2,504 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 81% | $2,427 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $4,499 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, approximately 84% of the undergraduate population received grant aid that averaged $4,627 (for some 180 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $4,627 |
| Federal Pell grants | 84% | $4,493 |
| Federal student loans | 93% | $7,770 |
Title-IV recipients living on campus saw average grant aid of $2,504.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $63,688 |
| $30,001 – $75,000 | $64,906 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $57,632 |
| Off-campus title-IV students | $63,922 |
For a customized cost estimate, visit Felbry College School of Nursing’s net price calculator: felbrycollege.edu/financial-aid/.
Graduating students at Felbry College School of Nursing carry a median federal student debt of $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $17,000 |
| Typical 10-year monthly payment (graduates) | $180.23/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Felbry College School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,375 |
| 75th percentile | $7,125 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $14,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,250 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Felbry College School of Nursing.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Felbry College School of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 902 |
| Total Stafford loan amount | $10,048,712 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $30,263 |
| Average GI Bill amount per recipient | $10,088 |
References
More about our data sources and methodologies.